Better use of taxpayer dollars
Posted on Dec 19, 2019 in Capitol Connection, Featured
The upgrade in the state’s credit rating means savings for taxpayers.
Highest credit rating in Hawai‘i’s history – The state’s credit rating has been upgraded from AA to AA+, based on the state’s resilient economy and continued strong performance. This means potentially millions of taxpayer dollars saved on interest payments and better positions the state for the next recession, reducing the need to raise taxes or cut services.
- Tax system transformed for better service – The Tax System Modernization project has completed the four-year process of converting millions of records, with taxpayers already using Hawaii Tax Online to process payments and returns.
- New workforce hiring, payroll systems – A Wiki Wiki Hire pilot program helped the Department of Human Services and the Department of Transportation quickly fill needed positions to provide much-needed services. Also in 2019 all state employees successfully transitioned to a modern payroll system, transforming the way the state conducts business.